One of the risks in putting money into your child’s name is when he gets older and the money becomes his, you no longer have control over it. That is what one reader has found out and wants to know if there are any options that she has: I have been placing money into a [...]
We all have money secrets that we keep to ourselves. I gave some people the opportunity to anonymously share some of their money confessions, and this is number 18 in the series: “I’d give up all my money and success to know who my birth mother is.” Other confession already listed: Children’s Savings Work Money [...]
If you want to save money, watch your prices! Watch them figuratively by shopping around for the best deals, but also watch them literally when they are rung up at the cash register. If a scanned price is different from the price marked on the shelf, you may get that item free. Mass merchandisers, grocery [...]
This is an ongoing series of anonymous money related confessions that I have gathered over the last couple of months from people that have attended talks I have given. This is number 17 in the series: “My job is convincing people to buy things they don’t need. I’m good at it, but I hate myself [...]
I think almost every week I hear someone who makes over $70k a year mention their wonderful student loan interest tax deduction. It’s time to take a few minutes to educate the masses about the student loan interest. Plain and simple, if you make a good wage you will not qualify for the student loan [...]
This is one of a series of money confessions from people who attended some of my speeches. I asked each person to anonymously write down a money confession and these are some of the more interesting money confessions I received. This is number 16 in the series: “My father thought that money would buy my [...]
When people ask me what was the best decision I made when I decided to create this website, they are often surprised when I tell them that it was my decision to quit watching TV. There is no doubt that TV costs people far more financially than they believe. For most people, TV is a [...]
This is a series of money confessions which I received from audience members after some speeches I have given recently. These are some of the more interesting money confessions that I thought would be worthwhile to share with everyone. This is number 15 in the series: “You know those Nigerian scam artists you read about? [...]
Bad things can happen in an instant. Last year, while everyone else was celebrating and enjoying the 4th of July, an errant firework burned down an elderly man’s house. Like other depression-era folks who long ago lost faith in financial systems, he liked to hide his money in cash around the house and in the [...]
This is an ongoing series of money confessions that I have gathered from speaking engagements I’ve been asked to give. The series consists of some of the more interesting money confessions that audience members have anonymously written down. This is number 14 in the series: “The biggest mistake I ever made was choosing money over [...]
